Shenzhen Quanxinhao Co., Ltd. operates as a hotel and tourism company. It also engages in real estate development, mineral resources, and information technology industries. The company's technology serves for medicine industry in Japan and serves for household paper for national health. Shenzhen Quanxinhao Co., Ltd. was founded in 1983 and is based in Shenzhen, China.
Shenzhen Quanxinhao Dividend Announcement
• Shenzhen Quanxinhao announced a annually dividend of ¥0.03 per ordinary share which will be made payable on . Ex dividend date: 1996-09-02
• Shenzhen Quanxinhao's trailing twelve-month (TTM) dividend yield is -%
• Shenzhen Quanxinhao's payout ratio for the trailing twelve months (TTM) is 5.35%
Shenzhen Quanxinhao Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 1996-09-02 | ¥0.03 | annually | |
| 1995-08-02 | ¥0.20 | annually | |
| 1994-06-30 | ¥0.10 | annually | |
| 1992-11-09 | ¥0.05 | annually |
Shenzhen Quanxinhao Dividend per year
Shenzhen Quanxinhao Dividend growth
Shenzhen Quanxinhao Dividend Yield
Shenzhen Quanxinhao current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shenzhen Quanxinhao stock? Use our calculator to estimate your expected dividend yield:
Shenzhen Quanxinhao Financial Ratios
P/E ratio91.33
PEG ratio-1.04
P/B ratio20.04
ROE22.20%
Payout ratio5.35%
Current ratio1.70
Quick ratio1.41
Cash Ratio0.89
Shenzhen Quanxinhao Dividend FAQ
Does Shenzhen Quanxinhao stock pay dividends?
Shenzhen Quanxinhao does not currently pay dividends to its shareholders.
Has Shenzhen Quanxinhao ever paid a dividend?
No, Shenzhen Quanxinhao has no a history of paying dividends to its shareholders. Shenzhen Quanxinhao is not known for its dividend payments.
Why doesn't Shenzhen Quanxinhao pay dividends?
There are several potential reasons why Shenzhen Quanxinhao would choose not to pay dividends to their shareholders:
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Shenzhen Quanxinhao ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Shenzhen Quanxinhao has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Shenzhen Quanxinhao a dividend aristocrat?
Shenzhen Quanxinhao is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Shenzhen Quanxinhao a dividend king?
Shenzhen Quanxinhao is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Shenzhen Quanxinhao a dividend stock?
No, Shenzhen Quanxinhao is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Shenzhen Quanxinhao stocks?
To buy Shenzhen Quanxinhao you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.
Place an order: Use the brokerage's trading platform to place an order to buy Shenzhen Quanxinhao stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Shenzhen Quanxinhao stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.